IDFC Equity Savings Fund-Regular Plan-Monthly Dividend

(Erstwhile IDFC Arbitrage Plus Fund-Regular Plan-Monthly Dividend)
Category: Hybrid: Equity Savings
Launch Date: 09-06-2008
Asset Class: Mixed Asset
Benchmark: CRISIL Liquid (70), NIFTY 50 Total Return (30)
Expense Ratio: 2.19% As on (31-10-2019)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 73.63 Cr As on (31-10-2019)
Turn over: 87% | Exit Load: 1.00% - 365 days

12.51

6.33%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme aims to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.

Current Asset Allocation (%)

Indicators

Volatility 0.98
Sharp Ratio 3.11
Alpha -5.29
Beta 1.89
Yield to Maturity 6.27
Average Maturity 1.5

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
IDFC Equity Savings Fund-Regular Plan-Monthly Dividend 09-06-2008 4.97 3.71 4.03 5.3 6.36
PGIM India Equity Savings Fund - Growth Option 29-01-2004 10.49 7.0 7.9 8.41 8.19
ICICI Prudential Equity Savings Fund - Cumulative option 05-12-2014 10.13 6.9 7.56 8.01 -
SBI Equity Savings Fund - Regular Plan - Growth 05-05-2015 9.22 5.09 7.32 - -
Mahindra Dhan Sanchay Equity Savings Yojana -Regular Plan -Growth 05-02-2017 8.54 2.95 - - -
Axis Equity Saver Fund - Regular Plan - Growth 14-08-2015 8.31 7.28 9.04 - -
Union Equity Savings Fund - Regular Plan - Growth Option 02-08-2018 8.19 - - - -
Kotak Equity Savings Fund - Regular - Growth 13-10-2014 8.12 6.39 8.57 7.78 -
Aditya Birla Sun Life Equity Savings Fund - Regular Plan - Growth 28-11-2014 7.81 3.43 7.05 6.91 -
DSP Equity Savings Fund - Regular Plan - Growth 28-03-2016 7.71 3.07 6.63 - -

Scheme Characteristics

Minimum investment in equity & equity related instruments - 65% of total assets and minimum investment in debt - 10% of total assets. Minimum hedged & unhedged to be stated in the SID. Asset Allocation under defensive considerations may also be stated in the Offer Document.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

2.7%

Others

34.1%

Large Cap

46.09%

Mid Cap

17.11%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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